What is BISON?
BISON is your reliable partner for trading cryptocurrencies as well as securities "Made in Germany" and the first crypto trading platform backed by the Börse Stuttgart, a traditional securities exchange.
Who is behind BISON?
- BISON is developed by Boerse Stuttgart Digital Broker GmbH (subsidiary of the Börse Stuttgart Group)
- Trading partner for cryptocurrencies: EUWAX Aktiengesellschaft (regulated securities institution, subsidiary of the Börse Stuttgart Group)
- Custody of cryptocurrencies by Boerse Stuttgart Digital Custody GmbH (held in trust in Germany)
- Banking partners for free euro accounts: Solaris SE, Deutsche Bank and Sutor Bank
How do I use BISON?
- Download the app to your smartphone via the common app store or use it via the homepage (www.bisonapp.com)
- Register and verify
- Transfer money
- Buy and sell cryptocurrencies and securities
BISON is available in German and English (adapts to your smartphone or browser language settings).
What can I do with BISON?
BISON is a platform where you can trade cryptocurrencies and securities easily, safely, reliably and cost-effectively. You cannot use the cryptocurrencies in your BISON app to pay in trade. In addition, you can transfer your cryptocurrencies to your own wallet. Unfortunately, transfers to/from third parties are not possible.
Buying and selling cryptocurrencies
- Trading partner for cryptocurrencies on BISON is EUWAX Aktiengesellschaft (a regulated securities institution in Germany, subsidiary of Börse Stuttgart)
- EUWAX Aktiengesellschaft sells cryptocurrencies to you and buys them from you - you always own the cryptocurrencies and buy them directly on the BISON platform
- Your cryptocurrencies are held in trust for you by Boerse Stuttgart Digital Custody GmbH - you do not need your own wallet!
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With BISON you can, for example, directly buy Bitcoin, ETH, XRP, ADA and many other cryptocurrencies - an overview can be found HERE
Trading securities
- Securities transactions are executed on regulated trading platforms of the Börse Stuttgart Group; in exceptional cases on other trading venues
- You are the legal owner of purchased securities
- The Sutor Bank is our banking partner for securities trading at BISON
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Selection of over 2,500 securities, including shares, ETFs, ETNs and ETCs
What does it cost to use BISON?
Downloading the BISON app and creating an account are free of charge for you.
Additionally, the following operations are free of charge:
- Buying and selling cryptocurrencies (only spread, i.e. the difference between buying and selling price)
- Deposits and withdrawals of euro balances (exception: instant deposit)
- Deposits and withdrawals of cryptocurrencies
How does BISON make money?
- BISON's revenue comes from the spread (difference between buying and selling price)
- More information about costs can be found HERE
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Securities trading at BISON: order commission of 1.99 euros per executed trade
- More information about securities costs can be found HERE
A concrete overview of costs at BISON can be found here: https://bisonapp.com/gebuehren/
BEA from BISON - our virtual assistant
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To help you quickly and efficiently, our support is reinforced by our virtual support assistant Bea from BISON – based on Zendesk Ultimate.
Bea helps you
- Quick answers, even on weekends and public holidays
- Collect information in advance so that our support team can help more specifically
- Predefined solution suggestions that might already help you
We are constantly developing Bea further and look forward to your feedback. Your feedback is warmly welcome!
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More questions?
Do you have more questions about BISON? Then contact us via our contact form.